TCTM Kids IT Education Inc. (NASDAQ:TCTM) Sees Significant Increase in Short Interest

TCTM Kids IT Education Inc. (NASDAQ:TCTM) was the recipient of a significant growth in short interest during the month of June. As of June 15th, there was short interest totalling 15,800 shares, a growth of 182.1% from the May 31st total of 5,600 shares. Approximately 0.2% of the shares of the stock are sold short. Based on an average trading volume of 25,800 shares, the days-to-cover ratio is presently 0.6 days.

TCTM Kids IT Education Trading Down 4.3 %

Shares of TCTM stock traded down $0.06 on Friday, reaching $1.21. The company had a trading volume of 2,214 shares, compared to its average volume of 157,532. TCTM Kids IT Education has a one year low of $0.75 and a one year high of $2.99. The firm has a 50-day simple moving average of $1.61.

About TCTM Kids IT Education

TCTM Kids IT Education Inc, through its subsidiaries, engages in the provision of IT-focused education services in Mainland China. It offers supplementary science, technology, engineering, and mathematics (STEM) education programs to young children aged between three and eighteen through online teaching models and instructors from online or offline learning centers.